China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Explosion at Rotterdam Port Energy Facility Kills One

Explosion at Rotterdam Port Energy Facility Kills One

EU Wheat Pares Gains As Ukraine Proposes Black Sea Truce

EU Wheat Pares Gains As Ukraine Proposes Black Sea Truce

CK Hutchison Earnings Hit by Halted Panama Port Operations

CK Hutchison Earnings Hit by Halted Panama Port Operations

DP World Reports $12.7b Revenue in H1 2026

DP World Reports $12.7b Revenue in H1 2026

Subscribe for Maritime Logistics Professional E‑News

German police confirm that investigation of suspected explosive device found on rail tracks is underway
Why India's Tata sons faces pressure to list
Maersk Q2 profits surpass forecasts and raise outlook for the second time in this year